9 ways to avoid foreclosure - download the Report
Avoid Foreclosure Vermont, RE/MAX North Professionals, 875 Roosevelt Highway, Suite 210, Colchester, VT 05446 | P: (802) 861-6217 | E: bill@movevermont.com

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There are 9 ways to avoid foreclosure in vermont.
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9 ways to avoid foreclosure in Vermont

 

Below they are listed with some general information about each. For more in-depth information, including the pros and cons of each option, get our Options for Homeowners in Foreclosure free report.

  • Reinstatement: Bring the loan current.
  • Forbearance: Temporary repayment plan.
  • Refinance: New loan with reduction in monthly payments.
  • Loan Modification: Modify original loan terms.
  • Sell the Property: Use equity to pay off or pay difference.
  • Rent the Property: Must make loan current.
  • Short Sale: Negotiate with bank to accept sale under loan amount.
  • Deed in Lieu of Foreclosure: "Friendly foreclosure".
  • Bankruptcy: Will stall a foreclosure but not prevent it.

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